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Updated almost 5 years ago on . Most recent reply

User Stats

15
Posts
9
Votes
Brian Davila
  • Flipper/Rehabber
  • Las Vegas / So Cal
9
Votes |
15
Posts

Covina Flip/ Easy Condo

Brian Davila
  • Flipper/Rehabber
  • Las Vegas / So Cal
Posted

Investment Info:

Condo fix & flip investment in Covina.

Purchase price: $250,000
Cash invested: $25,000
Sale price: $380,000

This one I bought from a real estate agent. Purchase price was 250k and I was able to put 20k in upgrades and sell for 380k

What made you interested in investing in this type of deal?

I love light rehabs and Covina is a hot area

How did you find this deal and how did you negotiate it?

Real Estate

How did you finance this deal?

Hard Money

How did you add value to the deal?

upgrading

What was the outcome?

perfect flip

Lessons learned? Challenges?

try to do more deals like this

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I was the real estate agent

Most Popular Reply

User Stats

545
Posts
613
Votes
Ray Johnson
  • Irvine, CA
613
Votes |
545
Posts
Ray Johnson
  • Irvine, CA
Replied

@Brian Davila Washington, DC., Santa Monica, CA., Santa Ana, CA., Aliso Viejo, CA., 

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